Bank failure · FL
Haven Trust Bank Florida (Ponte Vedra Beach, FL) — failed September 24, 2010
Haven Trust Bank Florida of Ponte Vedra Beach, Florida was closed on September 24, 2010 and resolved through a purchase and assumption. First Southern Bank (FL) took over its insured deposits. At failure it held $148.6M in assets and $133.6M in deposits. The FDIC's estimated loss on the failure is $34.8M (23.4% of assets).
- Closing date
- September 24, 2010
- FDIC certificate #
- 58308
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Southern Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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